tv Business - News Deutsche Welle January 19, 2018 4:02am-4:16am CET
the airbus. nine emirates signs a deal to save the popular eight three hundred eighty but tall keep the double decker. air. apple wants to pay taxes donald trump tax reform sparks the tech giants move to cough up tens of billions in profits. from. chinese prize to wolf number two economy defies expectations for the first angle for. the right time for a. walk on to the program the middle east's largest emirates is throwing airbus basically a lifeline for its troubled jets the three hundred eighty amaris is buying twenty jets with the option to buy sixteen more airbus had said earlier this week that if it didn't close a deal with emirates it would end production off the jet altogether the airbus a three eighty lives to see another day emirates ordered thirty six of the super
jumbos for a total of sixteen billion dollars on twitter emirates c.e.o. shake been. called the eight three eighty a success story and a critical part of future success for his company and the united arab emirates the latest deal shows how confidently we're approaching the future and how determined we are to forge ahead dubai wants to keep growing and become a world class destination and aviation hub. airbus has manufactured and sold more than three hundred of the giant jets over the last ten years emirates has accounted for almost half of those orders. but production lines have been silent recently high fuel and maintenance costs have deterred potential clients leaving air bus without a single order for over two years and into production appeared imminent. the latest order puts new wind under the eight three eighty s wings airbus now hopes that
other airlines will follow him or its lead. to apple it's been stashing cash abroad for years to avoid higher corporate tax rates. but now the tech giant is bringing back that money to invest in the united states and save on taxes apple c.e.o. tim cook welcomes this move as a chance to create more jobs here is more our view is apple could have only been started in america and so we've always felt a deep sense of responsibility to give back we're not taking a position on the individual side. i think that's for others to to look here but on the corporate side i believe it will create jobs that will help middle class all right tom to bringing a score to our correspondent on wall street yes welcome to the program so there are mixed reactions to apple and some very critical of the company saying it has much taken way too long of advantages of tax loopholes how's wall street reacting
to this talk of a pretty much stands at an all time high but if that's because of the takes announcement is doubtful over all the money that who is paying now they would head to to pay this money anyhow but probably further down the line and not right now and one of the big questions certainly remain what precisely apple will do with the money will they buy a big share will they increase the dividend will they pay down debt or will they really create tens of thousands of jobs this is still a big question mark at this point and we still do not know about the second quarter of allison but at least we do know that its search has been reduced or narrowed to twenty mil cations tell us more about that. down to twenty or maybe to nineteen because one of those twenty cities is toronto so that would be a non-u.s.
location and it is kind of unlikely that it will go was this place altogether it is pretty a double edged sword because on one side amazon is promising direct forty thousand jobs and the boost to the local economy whichever place they choose but on the other side amazon is also asking for huge tax incentives for example new york and new jersey is offering seven billion dollars tax breaks or whatever community will get their heads headquarter will also play pay dearly to convince amazon to move the second god to build the second headquarter over there and we will see if some of those communities can really afford having and isn't around. core to thank you so much for your reporting from new york. german
supermarket chain needle is off to a poor start in the united states in its first year they are the company has only opened forty seven stores less than half of the one hundred that were originally announced only twenty more are expected to open this year as many of the locations to pick are suitable because the stores are too big and too expensive and sales have failed to meet expectations. new figures show the chinese economy gained steam last year that's the first annual increase in seven years gross domestic product grew by six point nine percent and that exceeded economists forecasts on the government's target. the chinese economy is coming back around thanks in part to robust exports to europe and the us investment is also bolstering growth beijing has been spending a lot on infrastructure from roadways and railway networks to housing projects.
the head of china's national statistics office said last year's expansion amounted to stable development. don't look up generally speaking the twenty seventeen economy maintain the stable and solid development of the past exceeding expectations this means more progress toward building a moderately prosperous society we should of course be aware that difficulties and challenges remain and that the improvement of quality and efficiency in production remains a daunting task the chinese government has been working for years on broader structural changes to investment practices the state led expansion policies of past decades are to give way to a more resilient consumer driven investment model buoyant consumer spending is already spring grove a sign that the government is on the right track. the next question is how best china wants to change its image from producing cheap to print quality bank const to that term china now correspondent cope the fact frankfurt stock exchange has more.
well that's exactly what china ones they don't want anymore that the image of made in china is still you know being compared with cheap products but china has a problem there pretty much true economies true production inside of the company and one that is really a growing very fast they are producing very good products they want to be number one when it comes for example to produce chips for cell phones or computers on the other hand there is still a booming business when it comes to those duplications that china has been accused for for many years and that then is again hurting and harming the image of made in china again. my colleague down there is a friend for stock exchange now turning to a different story in uganda our nonprofit organization is helping previously unemployed women to earn a living by providing basic health care products the women deliver the products
directly to customers hopes the same time they also helping to save life. i mean the baby is a week. into now it's heart. who knows the mothers may because history. i have circulation problems and i was pale. i turned yellow. she gave me porridge and tablets for my blood they were red and there were lots of them. were worried. i swallowed them and they see how. return somebody is not a doctor but a health promoter. she works with living goods an american nonprofit organization.
and some by hust training for basic health care provision and goes door to door selling medicine and other health products in how the village in central uganda would not treat all diseases but many. call for a year and mean money i have to do this first. because so many people want to be treated with the distinct. living goods gets donation from international aid community to sale hill spurred acts at subsidized costs. the organization provides employment to more than eight hundred health promoters mostly women. and their products reach up to five million ugandans so we travel much as possible to make sure that whereas we run out having an impact in the communities where we walk we also make sure that there is a small margin for leaving goods to make in order for it to meet when i had costs
number two we try to make sure that there is a small profit margin for top renewals community health want us such that i'd be end of the day we dawn. be like the ordinary community health workers who are wounded yes. africa's pharmaceutical industry is worth about thirty five billion dollars the continent has a growing over the counter demand for health products. but many people still cannot access drugs. the delivery model for subsidized both products could be a game changer for both full health care systems and a job creation. you know you. betcha business frappe for now but you've got much more free online so check us out for example on twitter at d w on this call business back tomorrow same time same place thank you so much for
meet the germans new and surprising new aspects of noise and culture in germany. u.s. american keith music takes a look at your media's increasing use of two traditions every day long lives and language can just come out of my lungs i'm sorry so i'm going to say i'm good jim. nicholson shrinker i am going to g.w. dot com the german. hijacking the news. where i go wrong with the news is being hijacked journalism. still has become a scripted reality show it's not just good versus evil us versus them that's why and why. in countries like russia china churchy people are told that it's a simple and if you're a journalist there and you try to get beyond it you are facing scare tactics intimidation. and i wonder is that where we're headed as well. my
responsibility as a journalist is to get beyond the smoke and mirrors it's not just about the trade balance or being neutral it's about being truthful. funding is important golf and i were giving. crime fighter the new season of radio crown thrillers victims. for investigative pieces that wish to come on your shoulders. so every young person needs to try and share tell a friend tell a friend to a friend. crime fighters don't listen. to. kate drinks already.